Skip to main content

LUP Student Papers

LUND UNIVERSITY LIBRARIES

The scope of the VAT exemption applicable to insurance and reinsurance transactions, including related services performed by insurance brokers and insurance agents.

Kratimenos, Nikolaos LU (2013) HARN60 20131
Department of Business Law
Abstract
It is evident that the scope of the VAT exemption of insurance transactions is rather unclear, thus creating many “grey zones” and an atmosphere of legal uncertainty within the EU.
This Thesis aims to present and clarify the rules governing the scope of the VAT exemption for “insurance and reinsurance transactions, including related services performed by insurance brokers and insurance agents” as stipulated in Art 135(1)(a) of the RVD. It is obvious from the wording of the provision that it is necessary to define the terms “insurance” and “reinsurance” and describe clearly the scope and borderlines within a transaction can be characterized as such. Moreover it is of equal importance to analyze the roles and responsibilities of... (More)
It is evident that the scope of the VAT exemption of insurance transactions is rather unclear, thus creating many “grey zones” and an atmosphere of legal uncertainty within the EU.
This Thesis aims to present and clarify the rules governing the scope of the VAT exemption for “insurance and reinsurance transactions, including related services performed by insurance brokers and insurance agents” as stipulated in Art 135(1)(a) of the RVD. It is obvious from the wording of the provision that it is necessary to define the terms “insurance” and “reinsurance” and describe clearly the scope and borderlines within a transaction can be characterized as such. Moreover it is of equal importance to analyze the roles and responsibilities of “insurance brokers” and “insurance agents” and clarify the meaning and substance of “related services”. Consequently, this Thesis aspires to create a road map for the VAT treatment of all the relevant types of insurance contracts by giving answers to the questions:
• Which are the subject and nature of VAT exempt “insurance and reinsurance transactions”?
• Which are the subject and nature of “related services performed by insurance brokers and insurance agents”? (Less)
Please use this url to cite or link to this publication:
author
Kratimenos, Nikolaos LU
supervisor
organization
course
HARN60 20131
year
type
H1 - Master's Degree (One Year)
subject
keywords
VAT, insurance, reinsurance, related services, insurance agent, insurance broker
language
English
id
3801129
date added to LUP
2014-01-27 10:21:52
date last changed
2014-01-27 10:21:52
@misc{3801129,
  abstract     = {It is evident that the scope of the VAT exemption of insurance transactions is rather unclear, thus creating many “grey zones” and an atmosphere of legal uncertainty within the EU. 
 This Thesis aims to present and clarify the rules governing the scope of the VAT exemption for “insurance and reinsurance transactions, including related services performed by insurance brokers and insurance agents” as stipulated in Art 135(1)(a) of the RVD. It is obvious from the wording of the provision that it is necessary to define the terms “insurance” and “reinsurance” and describe clearly the scope and borderlines within a transaction can be characterized as such. Moreover it is of equal importance to analyze the roles and responsibilities of “insurance brokers” and “insurance agents” and clarify the meaning and substance of “related services”. Consequently, this Thesis aspires to create a road map for the VAT treatment of all the relevant types of insurance contracts by giving answers to the questions: 
•	Which are the subject and nature of VAT exempt “insurance and reinsurance transactions”?
•	Which are the subject and nature of “related services performed by insurance brokers and insurance agents”?},
  author       = {Kratimenos, Nikolaos},
  keyword      = {VAT,insurance,reinsurance,related services,insurance agent,insurance broker},
  language     = {eng},
  note         = {Student Paper},
  title        = {The scope of the VAT exemption applicable to insurance and reinsurance transactions, including related services performed by insurance brokers and insurance agents.},
  year         = {2013},
}